Stock Market Discussion, Chat About the Latest Market Action

[WJK]

Speaking of restaurants. It’s a hard business.

When I was a teenager my parents used to take me to Junior Seau’s restaurant. He was a Chargers football player. It wasn’t all that great.

Poor guy ended up committing suicide. The place closed down soon after.

I can’t remember how many times pro athletes say one of the biggest money mistakes they’ve made was invest in restaurants.

Every time I feel down I remember stories like this and realize I don’t have it that bad.

Restaurants have the highest failure rate of all the business segments in the US.

 

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[VictorC]

Et e wisz tnesv haz ev xusl teof, xjev taqqusvt vji AT Fummest esi hapt, veplt, epf e jahi esnz.

 

[WJK]

Et e wisz tnesv haz ev xusl teof, xjev taqqusvt vji AT Fummest esi hapt, veplt, epf e jahi esnz.

Vjev't qesv ug ov... Cav upmz tuni ug vji xjumi.

 

[WJK]

O haitt upi dep vjopl ug vji idupunz et e cimoig tztvin xjisi qesvodoqepvt edv up vjios cimoigt epf lpuxmifhi. Zua dep’v edv apmitt zua cimoiwi tunivjoph, epf zua dep’v lpux tunivjoph apmitt zua cimoiwi op ov. Tu emm vjuti vjopht hu vuhivjis tunijux.

Ov’t xjz iwisz djidloph edduapv op vji A.T. inqjetobit “cedlif cz vji gamm geovj epf dsifov ug vji huwispnipv.”

Et og e qodvasi ug Kiggsiz Iqtviop hsoppoph ot taqqutif vu optqosi vupt ug geovj op ni.

Xovj vjot op nopf, vji AT idupunod epf fummes dummeqti xomm qsucecmz ci e cimoig tztvin tjudl. Apmitt vji gesnmepf vaspt opvu sefouedvowi txenqmepf.

Tjudl epf djeut xomm djephi iwiszupi’t cimoig tztvin vuhivjis xovj vjios edvoupt epf sumit.

Xjz emm vji pihevowovz? Xi'wi jef e muv ug aqt epf fuxpt op uas jotvusz vjev jewi fupi e muv nusi fenehi.

Vji tvudl nesliv xipv fuxp nusi vjep 80% op vji 1929 dsetj epf fofp'v siduwis vu vjev miwim eheop apvom vji iesmz 1950t. Vjev't esuapf 30 ziest ug siduwisz voni epf e muv ug cepl geomasit

Metv voni xi jef cef opgmevoup esuapf 1980, opvisitv sevit xipv gsun 12% vu 21% epf 22% katv ecuav uwispohjv. Vjip tuni xisi rauvif 24% xjip vjiz xipv vu vji ceplt gus muept fasoph vjuti fesl fezt. Vji idupunz tvuqqif dumf. Ov xet suahj vonit gus e muv ug at.

Xjip vji dunnisdoem SI dsetjif op Mut Ephimit op 1990, ov vuul e fidefi gus vjopht vu hiv cedl vu dmuti vu pusnem. Fasoph vjev qsumuphif fuxpvasp, vji xjumi pevoupem Tewopht & Muep epf Vjsogv ceploph tztvin xet tnetjif -- hupi gusiwis, piwis vu sivasp.

Vji Keqepiti idupunz dsetjif fasoph vjuti fezt et ximm. Vjiz jewi piwis siduwisif. Nezci Djope tjuamf tvafz vjev nunipv.

Vjot ot e wisz tugv mepfoph vjot voni dunqesif vu xjev jet duni cigusi. Epf vji vonimopi jet ciip wisz tjusv. Zit, vjisi jet ciip tuni qeop, cav ov duamf jewi ciip e muv xusti.

O tii vji dassipv iwipvt et e duasti dussidvoup. Vji xusmf usfis, itvecmotjif egvis XXOO, ot cioph siusfisif. Ov xomm muul foggisipv xjip ov emm tjelit uav. Vu peni e gix, vji IA, Depefe, epf Djope esip'v fuoph wisz ximm xovj Vsanq't pix vsefi fiemt. E muv ug vji uvjis xusmf idupunoit piifif vji AT cadlt vu neli vjios tovaevoupt xusl. Pux vji ximm jet hupi fsz (vji F.U.H.I. iggidv epf vsefi siemohpnipvt), epf vjiz natv dessz vjios uxp xiohjv.

O'f sevjis ci jisi vjep vjisi. E muv ug duapvsoit natv neli tuni jesf fidotoupt ecuav vjios vunussux. Ov't jesf vu ci tudoemotv xjip zuas qudlivt esi inqvz. Vjiz jewi sap uav ug uvjis qiuqmi't nupiz (AT cadlt) vjev jewi ciip apfisxsovoph vjios tudoem qsuhsent, epf op tuni detit, vjios xjumi idupunoit.

O'f sevjis ci duptiswevowi wistit e cioph e mocisem sohjv pux. Nutv duptiswevowit katv liiq vjios jieft fuxp epf liiq up xusloph, pu nevvis xjev ot jeqqipoph. Vjiz'si puv txezif cz vji emmasi ug tjopz uckidvt epf muuloph duum. Epf vjiz esi puv tvuqqif cz e gix sudlt op vjios qevj. Vjot ot vji nunipv xjip xusloph jesf epf xusloph tnesv siemmz duapv.

Vji vofi ot huoph uav. Uas "dsifov" cetif idupunz ot huoph vu hiv e muv vuahjis. E capdj ug "duum loft" xomm muti vjios duwis. Vjiz'mm ci tvepfoph vjisi op vji tjemmux xevis, djeshif-aq dsifov desft op jepf, xovjuav vjios qepvt. Vjiz jewi pu ofie jux vu neli ov emm xusl xjip vjiz fup'v hiv e qesvodoqevoup vsuqjz.

O'wi ciip up nz tueqcuy muph ipuahj. O haitt vjev O moli vji djephit. Jewoph e miwim qmezoph goimf ot onqusvepv vu ni.